217 Varsity View Drive

Varsity View, Winnipeg

Property score

63.8

Fair

Overall 63.8 · Smaller than most nearby homes

1,000 sqft (bottom 22%) · Built in 1972 (3 yrs older than avg)

Located in a high-income area with median household income of ~91k

Transit 70.0 · 1-min walk to transit with 1 nearby route · Within 500m: 1 school, 1 healthcare facility, 1 shop, and 3 parks nearby

Living Area

Below average

28% smaller than neighborhood avg.

Year Built

Near average

3 yrs older than neighborhood avg.

Mother tongue

English · 80%French · 3%

Past 10 years Varsity View sales snapshot (~80% of all data)

Sold Count

281

Median price

492k

$/sqft

$398/sqft

Avg build year

1975

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Property score

63.8 is composed by the two sections below.

Property Score

51.8Fair
Living Area52
1,000 sqftFair
Year Built58
1972Fair
Lot Size46
3,866 sqftLow
Neighbourhood Sales Activity42
Low

Community Score

81.7Excellent
Household Income81
Excellent
Education Level72
Good
Housing Stress100
Excellent
Core Housing Need100
Excellent
Employment Health68
Good

Neighbourhood Sales

Varsity View

How to read: Share of sales in each ~$50k price band for “varsity view” (Detached houses (non-condo), 2024). The tallest band is the mainstream budget range; multi-year view shows how that band shifts over time.

Market Conditions · WinnipegSeller's Market
Buyer'sBalancedSeller's

Sales-to-New-Listings

64.6%

1,196

sold

1,852

new listings

Manitoba Real Estate Association March public data on New Listings and Properties Sold across Manitoba

Sold Above Asking

65%

Majority sold above asking

68 of 104 sold above asking · Manually compiled from MLS Winnipeg sold listings, May 4 – May 10, 2026

With a Sales-to-New-Listings ratio of 64.6% and 65% of homes selling above asking price, demand is clearly outpacing supply. Buyers are competing, which is putting upward pressure on prices.

Area census snapshot

Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46110348

Community deep dive

$91K

Median household income

$105K

Average household income

6%

Low income (LIM-AT)

0.2

Income inequality (Gini)

3.2

P90 / P10 ratio

26%

Single-person households

26%

Families with children

Population, labour & age

Population (2021)392
Labour force participation rate62%
Median age48.4
Avg household size2.3
Unemployment rate4%
Population density1866 / km²

Households & income

Low income (LIM-AT, % pop.)6%
Single-person households26%
Couple families with children26%
Median household income (2020)$91K

Housing

Renter households5%
Condominium dwellings0%
Median dwelling value (owners)$348K

Diversity, education & language

Immigrants (share of pop.)13%
Visible minority8%
Bachelor's or higher (25–64)37%
Mother tongue (1st)English · 79%
Mother tongue (2nd)French · 2%

Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.

Rankings

Living Area

below average
1,000 sqft
0255075100
Same streetBottom 23%Same areaBottom 22%CitywideBottom 26%
Same street · Varsity View Drive
#10 / 13
Bottom 23% · Avg 1,149 sqft
Same area · Varsity View
#665 / 848
Bottom 22% · Avg 1,387 sqft
Citywide · Winnipeg
#143,718 / 194,458
Bottom 26% · Avg 1,342 sqft

Tax-Assessed Value

below average
249k
0255075100
Same streetBottom 1%Same areaBottom 4%CitywideBottom 17%
Same street · Varsity View Drive
#13 / 13
Bottom 1% · Avg 350.1k
Same area · Varsity View
#814 / 848
Bottom 4% · Avg 444.7k
Citywide · Winnipeg
#161,585 / 194,458
Bottom 17% · Avg 390.1k

Year Built

around average
1972
0255075100
Same streetTop 31%Same areaBottom 43%CitywideTop 45%

Lot Size

below average
3,866 sqft
0255075100
Same streetBottom 8%Same areaBottom 3%CitywideBottom 24%

To see this property on a map next to nearby houses—and compare year built, living area, assessed value, and lot size in detail—open the neighbourhood analysis page.

Transit & Walkability

Nearby stops, routes & transit score

Nearby Amenities

Dining, education, healthcare, shopping & more

217 Varsity View Drive — 7 amenities found within 500 m, across 5 categories, including 1 education (nearest 326 m), 1 healthcare (nearest 147 m), 1 shopping (nearest 132 m).

Search radius
🏫Education1
🏥Healthcare1
🛒Shopping1
🌳Parks3
Worship1

Crime & Safety

Varsity View · WPS public data · 2026

Annual incidents

6

2026

vs. city avg

-80%

relative to avg

Year-over-year

-93%

vs. prior year

Primary type

Property

83%

Sales History

217 Varsity View Drive: We are not showing a transaction history based solely on public data; that does not mean no sale ever occurred. You can still request details by email in the “Data notes” section below—we will look it up manually and reply with the most accurate information available.

Related homes

Highlights & common questions: 217 Varsity View Drive, Winnipeg

Property Summary: 217 Varsity View Drive

Section 1: Overview & Appeal

This is a classic, single-story home in the established Varsity View neighbourhood. Its key characteristics are straightforward: a 1,000 sqft living space on a generous 3,866 sqft lot, built in 1972, with an unfinished basement and no garage. The appeal lies in its simplicity and location. It represents a relatively affordable entry point into a mature, central area near the University of Manitoba. The unfinished basement offers a blank canvas for future expansion or storage, and the large lot provides valuable outdoor space in the city.

This property would best suit a pragmatic first-time buyer, an investor looking for a rental property near the university, or a downsizer seeking a manageable, no-frills home in a quiet area. Its value is in its land and location rather than high-end finishes. A thoughtful perspective is that while its rankings for size and assessed value are modest within its immediate area, it outperforms a significant portion of the wider Winnipeg market, suggesting it offers a balance of location and price that has broader appeal across the city.

Section 2: Frequently Asked Questions

1. What do the ranking percentages actually mean?
They show how this property compares to others in specific categories. For example, it ranks in the top 76% for land size in Winnipeg (beating 24% of homes), meaning its lot is larger than average for the city, which is a notable asset.

2. Is the unfinished basement a drawback?
Not necessarily. While it requires investment to finish, it means there are no hidden issues with previous renovations. It offers flexible, low-cost storage now and the potential to add significant living space and value in the future, tailored to the new owner's needs.

3. Who might find the lack of a garage a concern?
Buyers with multiple vehicles or a need for extensive workshop/storage space may see this as a limitation. However, for many, the large lot presents an opportunity to add a garage or shed, subject to local bylaws.

4. The home is over 50 years old. What should I consider?
Expect core systems (roof, plumbing, electrical, furnace) to be at or beyond their typical lifespan. A thorough inspection is essential. The upside is that older homes in established neighbourhoods often feature more solid construction and mature landscaping than newer builds.

5. Why is the assessed value ranking so high (low percentile) on its own street?
It ranks 13 out of 13 on its street (top 100%), meaning it has the lowest municipal assessment on the block. This can indicate it's one of the more modest homes on a desirable street, which may present an opportunity for value appreciation, but also suggests neighbouring properties are likely more updated or larger.